https://www.taxtmi.com/caselaws?id=360516 The Tribunal allowed the appeal, ruling in favor of the appellant based on the non-applicability of section 56(2)(vii)(b) on the date of transfer of the immovable property. The judgment emphasized the significance of the transfer date in determining the applicability of tax provisions, supported by legal precedent. en-us Mon, 14 May 2018 00:00:00 +0530 Fri, 18 May 2018 08:19:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360516 The Tribunal allowed the appeal, ruling in favor of the appellant based on the non-applicability of section 56(2)(vii)(b) on the date of transfer of the immovable property. The judgment emphasized the significance of the transfer date in determining the applicability of tax provisions, supported by legal precedent. Case-Laws Income Tax Mon, 14 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360516